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Outsourced Clothing Manufacture & Wholesale

Undisclosed, Relocatable
Leasehold:
£99,950
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Further Details
Status
FOR SALE
ReferenceIC012 / RightBiz
Advert ID50803
LocationUndisclosed, Relocatable
SectorManufacturing Businesses, Wholesale Businesses, Clothing Businesses
TenureLeasehold
Leasehold Price£99,950
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Full Details
Outsourced Clothing Manufacture & Wholesale Established Brand Names
Ref.IC012
Location Northern Ireland Fully relocatable
Asking Price £ 99,950
This clothing business is a leading and respected manufacturer and wholesaler of quality, trade marked garments, which are distributed to various independent retail outlets and department stores via their agents who cover the whole of the United Kingdom and Ireland.

The business manufactures brand labels of Nightwear and Shirts. Top quality design clothing patterns are produced and quality material is sought and sent to Europe where the company has excellent manufacturing arrangements in place.

Operated by the current owner for circa 30 years the business wholesales across the UK and Ireland and are happy to distribute either large or small quantities of stock via their self employed agents.

Built as a result of the current owner’s extensive experience within the sector, this business is operating at all stages of the design production and wholesale process with a close, tightly knit team of individuals. This business operates seamlessly – bringing together the combined talents of its manufacturing partners in Europe and a distribution network for its broad customer profile.

Equipment:

The business is semi-computerised.

Customer Service:

Customer service is the top priority. The business provides personal attention and works to ensure they give a quality service and on time delivery of products.

Key Strengths:

The business is long established and profitable with registered and recognised trade mark products.

With a large data bank of clients the company offers a complete turnkey operation that will undoubtedly be of interest to any larger company as a bolt on business, and would compliment any company wishing to enter a different market.

The company has earned an outstanding reputation for its service, quality, care and speed of delivery, all of which is driven by the strong culture of enthusiasm within the business.

Growth and Expansion:

The retail sector is showing signs of levelling out and with such a successful formula, there is no doubt that a new owner could generate very healthy returns on investment purely by maximizing the effectiveness of the existing business.

Having developed a strong brand identity there is excellent growth potential. The network of agents could be increased to cover a larger geographical area and follow up opportunities in main land Europe. New products could be introduced which could also have a significant effect on turnover and profitability. An online store could also be developed as it would offer the customer another way of purchasing the beautifully made clothing.
No Business Premises included:

The business is fully relocable.

Business Hours:

Monday – Friday: 38 hours per week
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for the year circa £327,000
Gross profits of approximately £107,000
Adjusted Net profit circa £77,000
Employees:

The owner is ultimately responsible for the financial performance of the business supported by one stock room person, and two part time employees in administration. Five self employed sales agents cover the main land operation and a further two cover Ireland.
Support and Training:

The owner will provide full business familiarisation, training and handover for a negotiated period of time, covering all aspects of the business, to ensure a smooth transfer to new owners.
Reason for Sale:

This is a genuine retirement sale.
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